JD.com pours $4.5 billion into Hong Kong. But when will it recoup that money?
The e-commerce giant has expanded aggressively in Hong Kong over the last year, acquiring commercial buildings, a supermarket chain and establishing an extensive logistics network Key Takeaways: JD.com has been…
Miniso gets AI investment lift, as self-developed toys look for traction
The lifestyle retailer’s first-quarter report showed impressive headline profit growth, but a closer look reveals the increase owed to stock investment gains Key Takeaways: Miniso reported its first-quarter profit nearly…
Vipshop looks to outlets in bid to jumpstart growth
The discount e-commerce company has been approved to spin off two of its brick-and-mortar outlet stores into a REIT, with another 18 similar projects Key Takeaways: Vipshop reported its revenue…
BRIEF: Sun Art Retail swings to loss in latest fiscal year
Supermarket operator Sun Art Retail Group (6808.HK) saidon Sunday it expects to post a loss of 300 million yuan to 50 million yuan ($51 million) for its fiscal year through…
Duty-free giant CTG plays hardball to win shop contracts in Shanghai airports
The company’s spat with one of its own subsidiaries highlights the importance of airport outlets for duty free operators struggling with sluggish business in a slowing economy Key Takeaways: CTG…
Atour celebrates ‘Year of the Pillow’ with fluffy revenue growth
The hotel operator expects to report 35% revenue growth for all of 2025, up from a 25% forecast at the start of the year, thanks to strong performance for its…
BRIEF: Baozun’s operating profit narrows as e-commerce unit returns to the black
E-commerce software provider Baozun Inc. (BZUN.US; 9991.HK) on Tuesday reported its revenue rose in the third quarter, as its core e-commerce services returned to profitability and losses narrowed for its…
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